Welecome back Geekstars to this week’s weekly tech news!
Lenovo is laying off 10% of its global staff. 3200 non-manufacturing positions are going bye-bye in an effort to save $650 million after its lagging smartphone division cost it $1.3 billion.
US-based stock traders and Ukraine based hackers joined forces to make 100 million over 5 years by stealing thousands of corporate press release statements before they were released. The hackers would take the corporate press releases and pass them onto the traders where the traders would then based on the corporate press release buy and sell accordingly.
Google has overhauled its operating structure and the holding company formerly known as Google will ow be known as Alphabet, with Google being a subsidiary of Alphabet. Meanwhile BMW are investigating as whether or not Alphabet infringes on its trademark as BMW own Alphabet.com.
Alibaba has invested 4.6 billion in electronics retailer Sunning Commerce Group.
Microsoft has stuck to its promise to release Windows 10 for everything with a release for Raspberry Pi 2. The new release now supports wifi and bluetooth connectivity.
What took Facebook and Twitter two years to achieve, Periscope has reached the 10 million mark and as of last week saw 40 years of video watched daily.
And Samsung released the new Samsung Galxy Note 5 and the Samsung Galaxy S6 Edge Plus along with a fast charger.
To find out more listen to today’s podcast here.